Question 964674
We are dividing the 600 into two accounts, one pays 5 and the other 6%. So we have:
.06x+.05(600-x)= 34
.06x+30-.05x= 34 On the left subtract x, and subtract 30 on both sides:
.01x= 4 Divide both sides by .01:
x= 400 So you invest 400 at 6% and
600-400= 200 at 5%
Proof:
400*.06= 24
200*.05= 10
Total.....34